4 Grant Avenue, Toorak, VIC 3142 | Property Value & History | OnTheHouse
OFF MARKET

4 Grant Avenue
Toorak VIC 3142

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 1596m2
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Property Details for 4 Grant Ave, Toorak

4 Grant Ave, Toorak is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 1596m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
House
Land Size
1596m2
Local Government
Stonnington
Lot/Plan
1/TP383299

Last Listing description (October 2024)

For the first time in almost 70 years, one of Melbourne's most admired and significant properties is being offered for sale. Since the 1950s, 4 Grant Avenue, Toorak has been one of the most cherished family homes of the Myer retail dynasty - a beautiful private escape that has been the setting for generations of beautiful private moments. And now, the opportunity exists for a new custodian to take the reins and begin a new chapter with what has all the makings of one of the great homes of the future.

Set within 1,600sqm (approx.) of grounds on one of the most prestigious streets in Toorak, this fine estate has long been revered in Melbourne. A circular gravel driveway gives the appropriate sense of occasion on approach to the property: a 1936, Regency-inspired residence by architects Yuncken, Freeman & Griffith, designers of Melbourne's Sidney Myer Music Bowl. Its beautifully manicured grounds with ponds and topiaries, completed in 1937, are the work of Edna Walling, one of Australia's most celebrated and influential landscape artists.

The rich legacy of this storied property is detailed not only in documents and plans held in the architectural archive of the University of Melbourne, but in the home itself. The Heritage-listed facade is elegance incarnate with its white stucco and decorative parapets. Original features such as ornate mouldings, marble fireplaces, sash windows and balustrade-style balconies offer inimitable character throughout.

Two storeys of living space are joined by a grand, curved staircase, over which a skylight adds to the abundance of light found throughout the house. In its current layout, the property features three bathrooms and three bedrooms, with the master offering an expansive ensuite with bathtub, walk- in wardrobes, and balcony views over the flowering, fairytale-like gardens. In previous layouts, the existing building has incorporated six bedrooms and, with the abundance of spaces available, an opportunity exists to expand the residence even further.

Multiple lounges and dining spaces, a family kitchen, a study with panelled walls and the one-time servant's quarters, now an ideal guest wing with kitchenette facilities, all enjoy elevator access. Storage throughout is plentiful and includes a garage and mud room.

Architectural plans for a potential modernisation and extension have also been drawn, marrying this distinguished property's past with a very exciting future. This is an incredibly rare, unprecedented opportunity to own a real piece of Australian history - with endless potential to become one of the most exquisite homes in the country.

Property History for 4 Grant Ave, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$19,205,000
20 Dec 2024
  • 20 Dec 2024
    Sold for $19,205,000
  • 22 Oct 2024
    Listed for Sale Expressions of Interest Closing 26 November 5pm
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About Toorak 3142

The size of Toorak is approximately 4.3 square kilometres. It has 10 parks covering nearly 3.1% of total area. The population of Toorak in 2016 was 12909 people. By 2021 the population was 12817 showing a population decline of 0.7% in the area during that time. The predominant age group in Toorak is 20-29 years. Households in Toorak are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Toorak work in a professional occupation.In 2021, 65.20% of the homes in Toorak were owner-occupied compared with 61.70% in 2016.

Toorak has 9,339 properties. Over the last 5 years, Houses in Toorak have seen a -6.44% decrease in median value, while Units have seen a 4.26% increase. As at 30 November 2025:

  • The median value for Houses in Toorak is $4,155,231 while the median value for Units is $1,011,747.
  • Houses have a median rent of $840 while Units have a median rent of $650.
There are currently 9 properties listed for sale, and 4 properties listed for rent in Toorak on OnTheHouse. According to Cotality's data, 446 properties were sold in the past 12 months in Toorak.

Suburb Insights for Toorak 3142

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.